Scott Bessent News
Scott Bessent is the US Treasury Secretary who announced the European Union's participation in economic sanctions against Iran.
US Open to Discuss AI Risks with China
US Treasury Secretary Scott Bessent stated that Washington is open to discussing the "common risks" posed by artificial intelligence with China during planned talks in New York.
US Treasury to buy back $6B debt to ease bond market
The US Treasury Department will buy back $6 billion in government debt, tripling its previous maximum, to alleviate a sell-off and tamp down surging bond yields, which have reached their highest point since the 2008 financial crisis.
Asian Shares Mixed as Oil Prices Surge
Asian stock markets traded with mixed results as investors monitored interest rate decisions and the impact of the war with Iran, which propelled Brent crude oil prices towards $100 a barrel. Concerns over inflation persist, with a key U.S. inflation report due Friday.
EU Joins US Iran Economic Sanctions
Trump: We control Strait of Hormuz, Iran's economy is collapsing
US Urges G20 to Use Tariffs Against Cheap Imports
Global Bond Yields Rise, Increasing Borrowing Costs
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Scott Bessent is the US Treasury Secretary who announced the European Union's participation in economic sanctions against Iran.